High Falls, NY Economy


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High Falls, NY is a small town located in the state of New York. It is known for its scenic views, vibrant community and numerous local businesses. The two bedroom rent in High Falls is slightly higher than the U.S. average at $1,760 per month. However, with its various amenities such as grocery stores, shops, restaurants and entertainment venues, it's a great place to live. Local companies include Coldwell Banker Village Green Realty which provides real estate services; High Falls Grocery Co., offering fresh produce and other items; and the Eagle Mills Inn & Spa which offers lodging and spa services. In addition to these companies, High Falls also features a variety of outdoor activities like hiking trails, parks and recreation areas, making it an ideal destination for those looking for a more rural experience.

High Falls has an unemployment rate of 6.2%. The US average is 6.0%.

High Falls has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.

Tax Rates for High Falls
- The Sales Tax Rate for High Falls is 8.0%. The US average is 7.3%.
- The Income Tax Rate for High Falls is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for High Falls
- The average income of a High Falls resident is $26,429 a year. The US average is $37,638 a year.
- The Median household income of a High Falls resident is $51,894 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHigh Falls, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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